The first quarter of 2010 chemical company performance summary

Dow's polyurethane sales climbed sharply in the first quarter
Dow Chemical, a global chemical giant, reported that its sales of functional chemicals climbed from US$2 billion in the same period last year to US$2.8 billion, an increase of 41%, product sales rose by 27%, and sales price rose by 14%. %. At the same time, driven by the increase in sales in the Asia-Pacific region, the company’s sales in all its businesses around the world have increased.
Dow Chemical Sales Growth 48% in the First Quarter
Dow Chemical (DOW) announced that most of its subsidiaries and companies have seen growth in all regions, resulting in sharply higher first-quarter earnings. Dow Chemical reported that its first-quarter profit climbed to 466 million U.S. dollars, or 41 cents per share, compared with 24 million U.S. dollars in the same period last year, or 3 cents per share. Sales revenue climbed from US$9.04 billion in the same period last year to US$13.42 billion.
Lubrizol's Net Profit Increases Significantly in the First Quarter
Lubrizol, a specialty chemical manufacturer, said that thanks to rising product sales and continued profits, the company’s revenue rose by 30% in the quarter, and adjusted profits and revenues also exceeded analysts’ previous forecasts. In addition, Lubrizol also increased its full-year revenue forecast.
Bayer's net profit increased by 63% in the first quarter to 693 million euros
Bayer announced that its first-quarter net profit rose 63% to 693 million euros, and its revenue for the same period grew 5.3% to 8.32 billion euros. In addition, the company also raised its 2010 earnings forecast. Comprehensive foreign news report on April 30, chemical and pharmaceutical company Bayer (BayerAG) announced on the 29th, the company's first quarter net profit rose 63%, in addition, the company also raised its 2010 earnings forecast due to a favorable exchange rate trend and material science recovery Stronger than expected.
BASF's first-quarter profit increased to 1.34 billion US dollars
BASFSE, the world’s largest chemical company, said that the company’s profit in the first quarter more than doubled due to the recovery in demand for plastics and other products used in the automotive and electronics industries.
Sinopec's first-quarter net profit increased by 40%
Sinopec Corp. (600028) announced that net profit attributable to shareholders of the parent company in the first quarter was 15.768 billion yuan, an increase of 40.14% year-on-year; basic earnings per share was 0.182 yuan, which was basically the same as China Petroleum's earnings per share. Sinopec's crude oil processing volume in the first quarter was 49.0401 million tons, a year-on-year increase of 20.42%. The output of refined oil (steamed coal) was 29,488,400 tons, an increase of 14.64% over the same period last year; of which, the output of diesel increased by more than gasoline, which was 16.98% and 5.71%, respectively; the output of chemical light oil increased by 47.3%.
Rhodia's net profit reached 69 million euros in the first quarter
The first-quarter 2010 financial report released by French specialty chemicals manufacturer Rhodia showed that the company’s net profit for the first quarter reached 69 million euros ($91 million), due to increased demand and higher prices, compared with a net loss of the same period last year. 135 million euros.
Celanese Quarterly High-performance Engineering Materials Record High Performance
Celanese (NYSE:CE), the world’s leading chemical company, announced on April 27 that its net sales in the first quarter of 2010 were US$1.388 billion, an increase of 21% over the same period of the previous year. The increase in net sales this quarter was mainly due to the fact that the global economic recovery led to a significant increase in sales in most business areas, of which high-performance engineering materials performed particularly well.
DuPont More Than Doubled Earnings in the First Quarter
In the global economic recovery environment, the chemical giant DuPont's profit in the first quarter of 2010 far exceeded expectations.
Yabao Chemical's strong first-quarter results
The report of the first quarter financial report released by Alcoa Chemical Co., Ltd., a manufacturer of specialty chemicals, showed strong growth, exceeding Wall Street expectations.
Yantai Wanhua slightly higher than expected in the first quarter
Yantai Wanhua announced the 1st quarterly report for 2010. Realized sales income of 2.049 billion yuan, an increase of 69.1% year-on-year, an increase of 11.5% from the previous quarter, a main business profit of 488 million yuan, and a net profit of 251 million yuan, a year-on-year increase of 31.0%, a month-on-month increase of 23.9%, and an earnings per share of 0.15 yuan. Higher than we expected. The first-quarter results were slightly higher than expected, mainly due to slightly higher-than-expected sales.

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